In 1965, one of the co-founder’s of Intel Corporation, Gordon E. Moore, wrote an article in Electronics Magazine on a trend he had been watching for several years in integrated circuit (chip) manufacturing.
Gordon observed that over the course of 18 months, the performance of computer chips manufactured had doubled in capability. This phenomenon would later go on to be labeled “Moore’s Law” and has been a cornerstone for long-term planning within the semi-conductor industry since the 1960’s.
Now we can all attest to buying a new computer or smart phone, only to have something smaller, faster, and lighter come out in what seems like only days after your purchase. But taking into consideration an 18-month cycle time on doubling of performance, how could this be?
What I’m about to say may fly in the face of reason but bear with me… recent breakthroughs in manufacturing technology and advanced computing have begun to surpass Moore’s Law.
What’s more is that it’s expected to be fully surpassed across the industry between 2015 and 2020 by constructing transistors at the atomic level. That’s right!
In 2012, a research team from the University of New South Wales developed the first working transistor consisting of a single atom placed precisely on a silicon crystal. Now it’s only a matter of time until production capability will ramp up across the industry because of this amazing breakthrough.
Many in biotech are starting to treat this breakthrough as an “enabling technology” for the industry as a whole. Attacking hard problems such as sequencing a human genome for custom precision medicine. Ten years ago, it would have taken months to sequence a single genome, now this can be done in less than an hour.
IndieBio is a biotech startup company accelerator and they’re taking advantage of this new wave of technology by speeding up the business process of bringing newly enabled biotech solutions to market.
Ron Shigeta, the chief scientific officer of IndieBio recently stated: “What a lot of people seemed to have missed is that the pace of innovation in life sciences is accelerating, sequencing technologies alone are exceeding the pace of Moore’s law.”
Make no mistake, we are entering unchartered territory with these serious groundbreaking biotech innovations… all of which should make noticeable differences in how we live our lives over the next several years.
If you’re interested in learning more about game changing biotechnology and take advantage of market plays check out my Biotech Intel Trader service here.
As always, I’ll continue to monitor the market’s latest health and biotech technology trends via my social media collective intelligence tool and keep you updated on the latest.